Common use of Maximum Allowable Accumulation Clause in Contracts

Maximum Allowable Accumulation. 1. The balance of an employee’s vacation credits of record (including vacation earned but not credited), hereinafter “accumulation”, shall not exceed an amount equal to twice the annualized current vacation earnings rate of the employee or of the vacation credits designated as the employee’s “High Water Mark”. This is the employee’s “Maximum Balance”.

Maximum Allowable Accumulation. 1. The balance of an employee’s vacation credits of record (including vacation earned but not credited), hereinafter “accumulation”, shall not exceed an amount equal to twice the annualized current vacation earnings rate of the employee or of the vacation credits designated as the employee’s “High Water Mark”” effective November 17, 2000. This is the employee’s “Maximum Balance.”.

Maximum Allowable Accumulation. 1. The balance of an employee’s vacation credits of record (including vacation earned but not credited), hereinafter “accumulation”, shall not exceed an amount equal to twice the annualized current vacation earnings rate of the employee or of the vacation credits designated as the employee’s “High Water MarkXxxx”. This is the employee’s “Maximum Balance”.

Maximum Allowable Accumulation. 1. The balance of an employee’s 's vacation credits of record (including vacation earned but not credited), hereinafter “hereinafter, "accumulation”", shall not exceed an amount equal to twice the annualized current vacation earnings rate of the employee or of the vacation credits designated as the employee’s “High Water Mark”. This is the employee’s “"Maximum Balance”".

Maximum Allowable Accumulation. 1. The balance of an employee’s vacation credits of record (including vacation earned but not credited), ; hereinafter “accumulation”, ” shall not exceed an amount equal to twice two and one half times the annualized current vacation earnings rate of the employee or of the vacation credits designated as the employee’s “High Water Mark”. This is the employee’s “Maximum Balance.”.

Maximum Allowable Accumulation. 1. The balance of an employee’s vacation credits of record (including vacation earned but not credited), ; hereinafter “accumulation”, ” shall not exceed an amount equal to twice two- and one-half times the annualized current vacation earnings rate of the employee or of the vacation credits designated as the employee’s “High Water Mark”. This is the employee’s “Maximum Balance.”.